JG Summit Holdings, Inc. Approves Cash Dividend, Payable on July 16, 2019
May 31, 2019 at 05:33 am IST
Share
The Board of Directors of JG Summit Holdings, Inc. (JGS) approved on May 30, 2019 the declaration of a regular cash dividend in the amount of PHP 0.33 per common share from unrestricted retained earnings of JGS as of December 31, 2018 to all stockholders of record as of June 20, 2019 and which shall be paid on July 16, 2019.
JG Summit Holdings, Inc. is a holding company for a group of companies with substantial business interests in branded consumer foods, agro-industrial and commodity food products, real estate and hotel, air transportation, banking and financial services, and petrochemicals. It also has core investments in telecommunications and power generation and distribution. The Foods, Agro-Industrial and Commodities businesses segment is engaged in manufacturing and distribution of a diverse mix of salty snacks, chocolates, candies, biscuits, bakery products, beverages and others. The Air Transportation segment include air transport services, both domestic and international, for passengers and cargos, and line and light maintenance services. The Petrochemicals segment is a manufacturer of polyethylene (PE), polypropylene (PP), polymer grade ethylene, polymer grade propylene, partially hydrogenated pyrolysis gasoline, pyrolysis fuel oil, aromatics, butadiene and liquefied petroleum gas (LPG).